City of Punta Gorda Regular Meeting Minutes 2026-04-22
City Approves Utility Line of Credit With Regions
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Description
The City of Punta Gorda approved a revolving line of credit agreement and related revenue note with Regions Commercial Equipment Finance, LLC to provide interim financing for water and sewer capital improvements. The facility will be repaid from utility and non-ad valorem revenues under the parameters outlined in the adopted resolution.
Contract Details
Vendor
REGIONS COMMERCIAL EQUIPMENT FINANCE LLC
Agency
City of Punta Gorda, FL
Contract Type
FINANCIAL_SERVICES
Document Date
April 22, 2026
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